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Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius

28.2.2023
Wrapped Bitcoin garnered DeFi traders' support in the 2021-22 bull season, but the demand started to fade post numerous crypto contagions led to redemptions

Volt Inu Releases Alpha Version of NFT-Focused Battle Royale Game

28.2.2023
Developers expect the game to be available on the game distribution service Steam in the coming weeks

Stablecoin Lender Liquity's Token Rises 35% on Binance Listing

28.2.2023
LQTY, the native token of stablecoin lender Liquidity, has risen by 35% after being listed on Binance's innovation zone

2023 Will Be The Year of Crypto Token Price Divergence: Bank of America

28.2.2023
The bank views tokens that power smart contract-enabled blockchain platforms as growth assets exposed to similar risks as growth stocks, the report said

Non-Custodial Liquid Staking Platform Ether.Fi Closes $5.3M Fundraise

28.2.2023
The round was co-led by North Island Ventures, Chapter One and Node Capital and included participation from BitMex founder Arthur Hayes

Alameda Gap Persists as Stunted Liquidity Holds Back Crypto Market

28.2.2023
February is ending, but the 'Alameda Gap' is not. As the second month of this year is wrapping up, the prices in the crypto market have somewhat recovered from last year's crash. Still, the so-called 'Alameda Gap' resists filling, as the liquidity remains far from the levels seen before...

Three Arrows Capital NFTs are About to be Sold Off by the Liquidator

28.2.2023
Some of the non-fungible tokens (NFTs) once held by bankrupt Singaporean crypto hedge fund Three Arrows Capital (3AC) will be put up for sale as part of efforts to retrieve funds for its creditors, according to the failed company’s liquidators.... Read More: Three Arrows Capital NFTs are About...

Japanese Tech and Finance Giants Launch Japan Metaverse Economic Zone

28.2.2023
Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The virtual world will allow these companies to share their technology with users as it lets them roam...

Upbit Operator Denies it Wants to Buy a Securities Firm

28.2.2023
Dunamu, the operator of Upbit, South Korea’s biggest crypto exchange, has denied it is poised to buy a securities company – and says it is instead eyeing non-fungible token (NFT) expansion. The operator has recently been linked with a takeover move for an unnamed domestic securities provider....

Optimism Price Prediction - OP Pulls Back From ATH But $10 is Still in View

28.2.2023
The optimism price has dropped by 5.5% in the past 24 hours, reaching $2.77 in the context of a 0.5% dip for the cryptocurrency market as a whole. However, the altcoin remains up by 7% in a week and by 27% in the last 30 days, buoyed by the news Coinbase will be launching its own layer-two network...

Ethereum Testnet Sepolia successfully replicate Shanghai upgrade

28.2.2023
Sepolia, Ethereum’s second test network, successfully launched the withdrawal functionality of staked Ether (ETH) today. As a result, Ethereum comes closer to the anticipated Shanghai upgrade. This upgrade was triggered at 4:04 UTC and completed at 4:17 UTC. The upcoming Shanghai upgrade will make...

Shiba Inu Price Prediction - SHIB at Bottom of Current Range is a Buy Signal for Traders

28.2.2023
Investors appear to have retreated to the sidelines with cryptocurrencies across the board left in the hands of the bears. The second most popular meme coin, Shiba Inu has fallen from its recent 2023 high of $0.00001590 to trade at $0.00001235 as regulatory pressure bites. However, SHIB’s...

Crypto industry lobbying expenses rose by 120% in 2022 in the US

28.2.2023
Coinbase remains a leader for lobbying expenditure for the sixth year in a row, but Binance.US is accelerating its efforts

Exchange Stablecoin Wars Hot Up - Coinbase to Suspend BUSD Trading on March

28.2.2023
Coinbase has announced the suspension of Binance USD (BUSD) trading, saying that the stablecoin does not meet its listing standards. In a Monday announcement, the largest cryptocurrency exchange in the US said it will suspend trading for BUSD stablecoin starting March 13. The suspension affects...

Crypto Traders Worried About Continued Liquidity Thinning in Bitcoin and Ether

28.2.2023
Low liquidity, as measured by the 2% market depth, has traders worried that it could make the crypto market more susceptible to shocks

Metaverse Token Gamium Surges 340% After Meta and Telefonica Partnership Announcement

28.2.2023
Metaverse project Gamium’s native token GMM has surged by 340% to $0.0025 after it announcement collaboration deals with Meta and Telefonica

Guotai Junan partners with Saxo Bank for Southeast Asia expansion

28.2.2023
According to a statement made by Saxo Bank, it has now collaborated with Guotai Junan in a strategic partnership that will help the latter further its expansion in the South-East Asian region. The strategic arrangement is timely for Guotai Junan since the comprehensive financial services provider...